Decimal rates
A decimal rate is the total return for each ₹1 staked, including the stake. ₹100 at 1.90 returns ₹190 if the selection wins: ₹90 profit plus your ₹100 back.
Indian rates
An Indian rate is the profit on a ₹100 stake. To convert, subtract 1 from the decimal rate and multiply by 100. A decimal 1.85 is an Indian rate of 85: ₹85 profit on ₹100.
Implied chance
Divide 1 by the decimal rate to get the chance the price implies. 2.00 implies 50%, 2.50 implies 40% and 1.25 implies 80%. This is the number to compare with a model estimate.
| Decimal | Indian rate | Profit on ₹100 | Implied chance |
|---|---|---|---|
| 1.25 | 25 | ₹25 | 80.0% |
| 1.50 | 50 | ₹50 | 66.7% |
| 1.90 | 90 | ₹90 | 52.6% |
| 2.00 | 100 | ₹100 | 50.0% |
| 2.50 | 150 | ₹150 | 40.0% |
| 3.00 | 200 | ₹200 | 33.3% |
| 5.00 | 400 | ₹400 | 20.0% |
Quick converter
A ₹100 stake at 1.9 returns ₹190, a profit of ₹90. The price implies a 52.6% chance.
For understanding prices only. Betting is not open on FairPlay. 18+.
Why the chances add up to more than 100%
In a market with a house margin, the implied chances of all outcomes add up to more than 100%. The extra is the margin. FairPlay publishes its margins on the rates page, and How FairPlay rates work walks through a worked example.
More guides
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